China is drafting a proposal to allow gambling on its southern resort island of Hainan, Bloomberg reported on Friday, a move that would allow betting on the mainland for the first time, sending shares of Hong Kong-listed casinos plunging. Government agencies are said to be considering online gaming, sports betting or a lottery on Hainan, Bloomberg reported, citing people familiar with the talks. The proposal, which is still at an early stage, could open the door to physical casinos over the long term, Bloomberg said.

Gambling revenue in the Chinese territory of Macau skyrocketed 36 percent year-on-year in January on strong demand from big whale gamblers, while mom-and-pop mass punters eager to play in the country's only legal casino hub also drove up business. In 2017, the former Portuguese colony posted its first annual revenue gain in three years. January's haul of 26.3 billion patacas ($3.27 billion) was the highest figure in the past year bar the month of October which had the week-long Chinese holiday, data from Macau's Gaming Inspection and Coordination bureau showed on Thursday.

Gambling revenue in the Chinese territory of Macau skyrocketed 36 percent in January on strong demand from big whale gamblers, while mom-and-pop mass punters eager to play in the country's only legal casino ...

Macau's gaming regulator met with representatives of U.S. mogul Steve Wynn in the Chinese controlled territory over claims in a newspaper report that he routinely subjected women who worked for him to unwanted sexual advances. Wynn has denied the accusations published by the Wall Street Journal as "preposterous" and said they were instigated by his ex-wife to seek advantage in their divorce lawsuit. Shares of Wynn Macau continued to fall on Tuesday, sliding 7 percent.

MACAO, Jan. 9, 2018 /PRNewswire/ -- The Adelson Family Foundation presented a ceremonial cheque for more than US$1.9 million (approximately MOP 15.4 million) Tuesday to the University of Saint Joseph to assist its recovery efforts after Typhoon Hato and subsequent storms caused major damage to its new campus in August and September. Executives from Las Vegas Sands Corp. and Sands China Ltd. presented the ceremonial cheque to Fr.

MACAO, Jan. 9, 2018 /PRNewswire/ -- The Adelson Family Foundation presented a ceremonial cheque for more than US$1.9 million (approximately MOP 15.4 million) Tuesday to the University of Saint Joseph to assist its recovery efforts after Typhoon Hato and subsequent storms caused major damage to its new campus in August and September. Executives from Las Vegas Sands Corp. and Sands China Ltd. presented the ceremonial cheque to Fr.

MACAO, Dec. 19, 2017 /PRNewswire/ -- When Typhoon Hato pummelled Macao in late August, the Coloane shoreline was among the first areas to face the devastating intensity of the storm. As a result, many of the homes near the shore were either completely destroyed, or suffered extensive damage, creating difficult or impossible living conditions for its residents. As the entirety of the Macao community -- from residents and organisations to businesses and government -- worked together to support each other in the aftermath, Sands China's relief efforts included coming to the assistance of the residents of those Coloane homes battered by the storm.

MOP 2 million donation to help restore damaged elderly home MACAO , Dec. 12, 2017 /PRNewswire/ -- Sands China Ltd. presented a cheque for just over MOP 2 million to Macau Holy House of Mercy Tuesday to ...

Macau has suspended a pro-democracy lawmaker for alleged "disobedience" after he took to the street instead of staying on a sidewalk during a protest, as activists warn suppression of civil rights is growing in the China-ruled gambling hub. The suspension of the lawmaker is the first since 1999, when the former Portuguese colony returned to China within a "one country, two systems" framework that allows a free press and an independent judiciary, liberties denied on the mainland. "It's a dark day for Macau," said Jose Coutinho, one of four legislators who voted against the suspension in Monday's secret ballot, which drew 28 votes in favour.

Macau has suspended a pro-democracy lawmaker for alleged "disobedience" after he took to the street instead of staying on a sidewalk during a protest, as activists warn suppression of civil rights is growing in the China-ruled gambling hub. The suspension of the lawmaker is the first since 1999, when the former Portuguese colony returned to China within a "one country, two systems" framework that allows a free press and an independent judiciary, liberties denied on the mainland. "It's a dark day for Macau," said Jose Coutinho, one of four legislators who voted against the suspension in Monday's secret ballot, which drew 28 votes in favour.

MACAO , Dec. 4, 2017 /PRNewswire/ -- Sands China Ltd. held its 2017 Sands Supplier Excellence Awards at The Venetian ® Macao last Wednesday, where the company recognised the cooperation and services of ...

Casinos in the world's biggest gambling hub of Macau posted a 22.6 percent revenue jump in November from a year earlier, marking the sixteenth consecutive month of growth, government data showed on Friday. Revenue reached 23 billion patacas (£2.12 billion), data from Macau's Gaming Inspection and Coordination Bureau showed, the second highest monthly tally this year and compared with analysts' growth estimates of 16 to 22 percent. The result reflects continued recovery for casinos in the only Chinese territory where casino gambling is legal.

Customised programme sends local management team members to study at Católica Lisbon in Portugal and Cornell University in the United States -- plus development in Macao from University of St. Joseph MACAO ...

MACAO, Nov. 20, 2017 /PRNewswire/ -- Sands China Ltd. celebrated the 10th anniversary of The Venetian® Macao Monday, highlighted by a ceremony at the outdoor lagoon of the iconic integrated resort. Opened on Aug. 28, 2007, with great expectations for its success, the company's anchor property on the Cotai Strip quickly became a must-see landmark destination that redefined the Cotai skyline, where it still draws in millions of visitors from around the world 10 years later. With a vision to establish a world-class business, leisure and family destination on the Cotai Strip, Chairman and CEO of Las Vegas Sands Corp. and Sands China Ltd. Sheldon G. Adelson brought his successful integrated resort model to Macao with the launch of The Venetian Macao – a move that was seen as a risky venture by many, but one that has stood the test of time.

MACAO, Nov. 21, 2017 /PRNewswire/ -- Sands China Ltd. celebrated the 10th anniversary of The Venetian® Macao Monday, highlighted by a ceremony at the outdoor lagoon of the iconic integrated resort. Opened on Aug. 28, 2007, with great expectations for its success, the company's anchor property on the Cotai Strip quickly became a must-see landmark destination that redefined the Cotai skyline, where it still draws in millions of visitors from around the world 10 years later. With a vision to establish a world-class business, leisure and family destination on the Cotai Strip, Chairman and CEO of Las Vegas Sands Corp. and Sands China Ltd. Sheldon G. Adelson brought his successful integrated resort model to Macao with the launch of The Venetian Macao – a move that was seen as a risky venture by many, but one that has stood the test of time.

Las Vegas Sands (LVS.N), the casino behemoth owned by U.S. billionaire Sheldon Adelson, said on Wednesday it plans to spend $1.1 billion on new projects in the world's largest gambling hub, including building a London-themed attraction. Sands, which owns five properties in the Chinese territory of Macau via its subsidiary Sands China (1928.HK), said it would renovate and rebrand Sands Cotai Central as The Londoner Macao by 2020. Sands Cotai Central has been one of the company's weakest properties, analysts said, due to its lack of character and tourist appeal when compared with Sands' gondola-filled Venetian or its Parisian property that features a replica Eiffel Tower.

HONG KONG (Reuters) - Casinos in the world's biggest casino hub of Macau extended a 14 month winning streak in September with revenue up 16.1 percent, priming for a bumper national holiday week which is ...

Casinos in the world's biggest casino hub of Macau extended a 14 month winning streak in September with revenue up 16.1 percent, priming for a bumper national holiday week which is expected to see strong ...